The ambassadors of member states to the EU (Coreper) agreed the Council’s position on the 2024 EU draft budget. In total, the Council’s position for next year’s budget amounts to €187.008 billion in commitments and €141.167 billion in payments. Overall, the Council takes a prudent approach. The Council stresses the importance for the budget for 2024 […]
Council debates EU long-term budget
EU’s long-term budget The Council held a policy debate on the mid-term revision of the Multiannual Financial Framework 2021-2027, proposed by the Commission on 20 June 2023. The Commission presented the package to the Council. Ministers provided their initial comments on its main elements: the creation of a Ukraine facility for 2024-2027 the proposed additional […]
The European Commission has proposed an annual EU budget of €189.3 billion for 2024
The budget will be complemented by an estimated €113 billion in payments for grants under NextGenerationEU, the EU’s post-pandemic recovery instrument. Their combined firepower will keep driving Europe’s ongoing economic recovery and create jobs, while strengthening Europe’s strategic autonomy. The EU faced exceptional challenges in the last years, including fast rising inflation, which put considerable […]
Council sets priorities for the EU budget for 2024
Recovery and Resilience Facility The Council discussed how the Recovery and Resilience Fund and the REPowerEU chapter can effectively promote the green transition and ensure Europe’s energy independence from Russia in the context of high inflation and supply chain disruptions. In addition, the Council adopted an implementing decision approving the revised recovery and rehabilitation plan […]
EU budget for 2023: Council and Parliament reach agreement
The Council and the European Parliament have this week reached an agreement on the EU budget for 2023 that places particular emphasis on the EU’s main strategic priorities. Total commitments are set at €186.6 billion. This is an increase of 1.1% compared to the 2022 budget as amended. €0.4 billion have been kept available under […]
Budget and Finance Adviser Position
Under the direct supervision of the Head of Sector, and under the overall guidance of the Head of Unit, the jobholder is responsible for contributing to the sound financial management of the administrative budget undertaken by the Department Programme Support & Resources. The jobholder will assist the Head of Sector in the overall administrative and […]
EU budget for 2023: Council agrees its position
Ambassadors of member states to the EU agreed the Council’s position on the 2023 EU draft budget. In total, the Council’s position for next year’s budget amounts to € 183.95 billion in commitments and € 165.74 billion in payments. Compared to the budget agreed by the Council and the European Parliament for 2022, this is […]
Agreement on EU Annual Budget 2022
The European Parliament and the Council of the European Union, on a proposal from the European Commission, have reached an informal political agreement on the EU budget for 2022, the second under the 2021-2027 EU multiannual financial framework. The agreement is for commitments of €169.5 billion, and payments of €170.6 billion. Once adopted, the budget […]
Is the European Commission up to the task?
MEPs want the European Commission to prove it’s up to the task of defending the EU budget from member states violating the rule of law principle. MEPs will discuss the application of the rules adopted in 2020 linking the disbursement of EU funds to member states respecting the rule of law and EU values […]